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Attachments: DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)
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DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)

  • #281
  • Oct 30, 2020 7:10pm Oct 30, 2020 7:10pm
Quoting smilee89
{quote} James, You did not upload screenshots of charts of some pairs that show entries and exits. Example: {image} Why? Because your EA does not execute the conditions in post #1.
Why do you make such assumptions?

With Version 1.0 the rules are 1:1 as you describe them in the first post. And the results you can see on my backtest.

Now I made Version 1.01 with some improvements and additional settings. Currently running in the tester with all settings in optimization mode and I already see some better results with GBPJPY and GBPUSD which means that the original rules are not optimal. But let's wait to see the final results.

And don't worry. I will post chart screenshots as well.
  • #282
  • Oct 30, 2020 7:42pm Oct 30, 2020 7:42pm
You can't do same test/optim to multiple pairs because as I wrote in post #1 you need to set a different body size for different volatile pairs.
ADR does not do the job.
If you upload any additional file or add new post before uploading many screenshots to demonstrate executions of your EA, I will have to block you.
  • #283
  • Oct 30, 2020 8:27pm Oct 30, 2020 8:27pm
Quoting smilee89
You can't do same test/optim to multiple pairs because as I wrote in post #1 you need to set a different body size for different volatile pairs. ADR does not do the job. If you upload any additional file or add new post before uploading many screenshots to demonstrate executions of your EA, I will have to block you.
Here is the best result I got so far with GBPJPY. You can see sample of the trades and the EA settings on the top chart.
Attached Image (click to enlarge)
Click to Enlarge Name: DOS GBPJPY 2.png Size: 122 KB
  • #284
  • Oct 30, 2020 8:31pm Oct 30, 2020 8:31pm
You really want to be blocked?

Upload charts with biggest bars.
Like I did.

Upload MANY of them.
Last call!
  • #285
  • Oct 30, 2020 8:39pm Oct 30, 2020 8:39pm
And as I mentioned: You use different settings to OP.
body size 90 pips for GBPJPY?
And this is not the only condition your EA does not meet.

It seems you don't care and does not follow rules.
JamesSmithFX is Blocked!
  • #286
  • Oct 31, 2020 3:30am Oct 31, 2020 3:30am
Quoting smilee89
And as I mentioned: You use different settings to OP. body size 90 pips for GBPJPY? And this is not the only condition your EA does not meet. It seems you don't care and does not follow rules. JamesSmithFX is Blocked!
You are totally overreacting. Don‘t be such a diva.
  • #287
  • Oct 31, 2020 6:35am Oct 31, 2020 6:35am
IMPORTANT NOTE FOR ALL MEMBERS IN THIS THREAD


For those of you who asked me in private messages and all other members as well for the reason I block members

This thread is about a strategy which I worked hard to develop.
I created the rules after many years of experience.
Some members here think that they can create an expert advisor to trade my strategy automatically, which is much appreciable and I really respect that.
BUT
Anyone who creates such EA can't upload his EA or any backtest results or any insights or conclusions BEFORE he uploads first a few screenshots of bar charts of different pairs, which demonstrate the executions of many trades according the trade conditions in my original post.
Once I verify that the EA executes the conditions well, I will agree that the EA will be shared here.

Until now, no one has created his EA properly.
Instead, they just uploaded test results of rubbish EA's that do not meet the conditions as of my OP.

ONCE AGAIN: YOU MUST UPLOAD SCREENSHOTS THAT SHOW ENTRIES AND EXITS IN A VERY CLEAR CHART WITH THE BIGGEST SIZE OF BAR CHARTS.
ALL TESTS MUST BE DONE IN 1 MINUTE PERIOD AND BY EVERY TICK MODE.
BUT WHEN YOU TAKE A SCREENSHOT, MAKE IT FROM DAILY CHART. THE SAME AS I DO IT, WITH THE BIGGEST SIZE OF BAR CHARTS.
SEE EXAMPLE:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYDaily.png Size: 27 KB
  • #288
  • Oct 31, 2020 7:30am Oct 31, 2020 7:30am
You react like you reinvented the wheel.

The only "rubbish" thing here is your strategy. It is embarrassing to tell people what to do, if YOU are not even able to test YOUR idea on REASONABLE tickdata.
The thing is: if you would do so you would be disillusioned quite fast how bad it is in the long run.

Instead you are trying to discipline people who are ahead of you by trying to improve the not working basic idea like they had no clue.

Charts with single entries or exits are cherry picking, nothing else. The ONLY way to evaluate an idea is to stresstest it on tickdata for at least 10-15 years. It only needs one or two cases where your DOS strategy fails to erase 10-15 years of gain and time!
You can find that out by yourself by keep acting like you are the only rocket scientist here or you save yourself 10 years and have a reasonable look at what you are doing.

But I already told you so some time ago. Just got here by accident again and really got irritated by your attitude.
  • #289
  • Oct 31, 2020 7:40am Oct 31, 2020 7:40am
Quoting Drolph
You react like you reinvented the wheel. The only "rubbish" thing here is your strategy. It is embarrassing to tell people what to do, if YOU are not even able to test YOUR idea on REASONABLE tickdata. The thing is: if you would do so you would be disillusioned quite fast how bad it is in the long run. Instead you are trying to discipline people who are ahead of you by trying to improve the not working basic idea like they had no clue. Charts with single entries or exits are cherry picking, nothing else. The ONLY way to evaluate an idea is to stresstest...
Drolph is one of those members here who made such rubbish EA and admitted later-on it did not meet the rules.
However, he does not have an idea why he was wrong but still thinks he is right.
He is an example of a bad coder who still loses his money by his own EA's.
  • #290
  • Oct 31, 2020 9:32am Oct 31, 2020 9:32am
Quoting Drolph
You react like you reinvented the wheel. The only "rubbish" thing here is your strategy. It is embarrassing to tell people what to do, if YOU are not even able to test YOUR idea on REASONABLE tickdata. The thing is: if you would do so you would be disillusioned quite fast how bad it is in the long run. Instead you are trying to discipline people who are ahead of you by trying to improve the not working basic idea like they had no clue. Charts with single entries or exits are cherry picking, nothing else. The ONLY way to evaluate an idea is to stresstest...
this is sad. It means the OP will be as good as he is now.
TBH, I have further backtested my twist on DOS to further past and on 3 pairs, TBH the DOS is nearly there to be more profitable as an aggressive strategy itself, while at the same time can control DD to at least as “good” as OP’s backtest of ~20% DD. The concept itself is also not very difficult to code into EA, as I usually test concepts with PineScript and translate to MQL4/5 and know that is not difficult once figure out the mechanical logics.

70% in 10 year with 20% DD is definitely not optimal. But of course if OP is so obsessed with the original rules, I wouldnt mind keeping my optimization to myself. I respect OP’s desires.
  • #291
  • Oct 31, 2020 11:35am Oct 31, 2020 11:35am
Quoting smilee89
{quote} Drolph is one of those members here who made such rubbish EA and admitted later-on it did not meet the rules. However, he does not have an idea why he was wrong but still thinks he is right. He is an example of a bad coder who still loses his money by his own EA's.
I agree with you. If someone is convinced that they have a profitable EA, there is nothing to stop them from starting their own thread. I like to try it.
Please excuse the bad English via Google Translate.
  • #292
  • Oct 31, 2020 5:01pm Oct 31, 2020 5:01pm
Quoting emi00
{quote} as per ur request i add addition option at end of input setting trade same direction = true, if its true trade comes in same candle direction , if false trade in opposite direction as thread author requirement. default is false enjoy {file}
Your EA is very good and I would like to own it if possible. Thanks.
It gives profits both ways True and also false.
With True the profit is much lower than with False settings.
On GBPUSD it gives better performance with the Candle size = 100 and TP = 30

I have not yet tried the back tests on other pairs.
Soon I will do it.

I noticed you also have something like stop loss that closes the negative trades.
What is that? The Strategy says No Stop Loss.
  • #293
  • Oct 31, 2020 6:23pm Oct 31, 2020 6:23pm
Quoting fx4money
sma used {image}
Using the MA makes no sense.
It does not help in this Strategy.
  • #294
  • Oct 31, 2020 7:38pm Oct 31, 2020 7:38pm
Quoting JamesSmithFX
{quote} I read the trading rules of the system in the first post and it looks simple. I can code this system on MQL5 in about 1 hour no problem. Maybe I can post it here for other people to test?
Yes please do so.
I can test it on MT5 no problem.
Thanks.
  • #295
  • Oct 31, 2020 7:56pm Oct 31, 2020 7:56pm
Quoting zeeftrader
{quote} Your EA is very good and I would like to own it if possible. Thanks. It gives profits both ways True and also false. With True the profit is much lower than with False settings. On GBPUSD it gives better performance with the Candle size = 100 and TP = 30 I have not yet tried the back tests on other pairs. Soon I will do it. I noticed you also have something like stop loss that closes the negative trades. What is that? The Strategy says No Stop Loss.
After studying all the trades taken and the loss being made I came to the conclusion that those are not the Stop Loss but additional negative trades that close simultaneously when the current trade closes in Profit to average out plus a small profit. Great Strategy. Thanks.
  • #296
  • Oct 31, 2020 8:38pm Oct 31, 2020 8:38pm
This EA you're testing does not have anything with DOS conditions.
It opens many trades in 1 day.
  • #297
  • Nov 1, 2020 11:56pm Nov 1, 2020 11:56pm
Quoting smilee89
This EA you're testing does not have anything with DOS conditions. It opens many trades in 1 day.
Hello smilee89
What have been the results of trading on gold?
  • #298
  • Edited 5:22am Nov 2, 2020 3:50am | Edited 5:22am
Quoting mahanfx
{quote} Hello smilee89 What have been the results of trading on gold?
I focus on forex.
I don't have historical data for Gold so I could not test nor optimize it.
  • #299
  • Nov 2, 2020 8:24am Nov 2, 2020 8:24am
so if the arrow is red at the beginging of the day,we have to sell or buy? we have to follow the color of the arrow of this indcator or opposite? has nayone got the cheat sheet of range for the candle body for major pairs?
  • #300
  • Nov 2, 2020 2:29pm Nov 2, 2020 2:29pm
Quoting T4Trade
so if the arrow is red at the beginging of the day,we have to sell or buy? we have to follow the color of the arrow of this indcator or opposite? has nayone got the cheat sheet of range for the candle body for major pairs?
Arrow up below a Daily closed bar means Short at the Open of the next Daily bar.
Arrow down above a Daily closed bar means Long at the Open of the next Daily bar.
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